$450K
$63,905
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Try Picki for FREEConfidence
Medium
High
$480,000
Medium
$450,000
Low
$420,000
Confidence
Low
Discover an exceptional opportunity with this expansive 5145 sqm plot, offering over 1.27 acres to craft your ideal home. Located just 9km from the CBD in a thriving community, this desirable plot is nestled among custom-built homes. Explore the possibilities with available house and land packages offering discounts.
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Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Public Administration and Safety - 12.0%
Retail Trade - 11.0%
Education and Training - 10.0%
Others - 51.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
0%
84.3%
$470K
4.8%
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Try Picki for FREE$35,000
-$5,272
5.6%
Asking Price
$450,000
Estimated Purchase Price
$415,000
Stamp Duty
$13,410
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$41,500
Reg. Mortgage
$164
LMI Premium
$8,285
Renovation Costs
-
Total Cash/Equity Required
$65,555
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,102
$1,438
Water
+3.0% PA
$1,127
$1,470
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$17,119
$24,897
Interest Repayments
$24,651
$24,651
Net Cashflow Before Tax
-$7,532
$246
Depreciation
-
-
Tax Offset
-$2,260
$74
Net Cashflow After Tax
-$5,272
$172
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$373,500
$373,500
$107,100
$495,310